Nepal and Bangladesh held a meeting for cross-border electricity trade on Thursday. This is an icebreaker on the frontline negotiation towards the power trade deal with the third country, apart from India. After Bangladesh formally approached Nepal asking to fix the electricity tariff rates last month, the Himalayan country has proposed to provide electricity produced in Nepal at the tariff between Rs 8.96 per unit and Rs 9.28 per unit.

Although Nepal and Bangladesh are neighboring countries, trade and economic relations between the two are negligible. We are conscious of promoting trade and economic cooperation based on equality and mutual benefit, but the reality is we have not been able to expand our bilateral trade.

KATHMANDU, Feb 16: Nepal and Bangladesh are holding ministerial level dialogues focusing connectivity, energy and trade promotion.